Overdraft protection is a service offered by many financial institutions to shield account holders from unintentional overdrafts in their checking accounts. This service, when activated, prevents ...

If you spend more money than you have in your checking account, your balance will go negative, and your bank will charge you an overdraft fee. Overdraft protection is a feature offered by many banks ...

The new rule gives banks three options for overdraft fees, the simplest being to charge $5 per overdraft. The main trade group for U.S. banks opposes the rule, saying it will lead to fewer banks ...